Read Issue #8.I liked it.
spoilers:end of spoilers
Miles confesses to Tiana that thanks to the panic attacks he's been suffering, his Spider-Sense has gone on the fritz and now will go off randomly when there isn't actually any danger. Hobgoblin's side of things, his monologue makes it apparent that he's suffering from memory lost and is raiding a BEYOND warehouse for unknown reasons that is close to the fair that Miles is attending. Miles' spider sense catches wind of this and he and Tiana set off and end up engaging Hobgoblin in a fight. During it, Miles' Spider-Sense completely shutsdown.
And yeah, I think the implication is Hobgoblin had his memories messed around with just like Ben Reilly, by Kafka.